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them. >> rose: we close this evening with a conversation about the global economy with india's minister of finance. >> you see, we require massive investment to build our country. the bulk of it comes from domestic savings but we still require at a margin, foreign investment, for that brings technology. that brings invasion, that brings better management skills and management management practices. it opens new markets for us. it introduces us to new products. that is the advantage of getting fdi. >> the texas explosion,s bots to-- boston investigation and the global economy when we continue. >> rose: funding for charlie rose was provided by the following:. >> rose: additional funding provided by these funders. and by bloomberg provider of multimedia news and information services worldwide. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. . >> rose: we begin this evening with the explosion at a fertilizer plant in west texas which is near waco. here is the explosion which took place last night. at last count five people have died and mo
,s bots to-- boston investigation and the global economy when we continue. >> rose: funding for charlie rose was provided by the following:. >> rose: additional funding provided by these funders. and by bloomberg provider of multimedia news and information services worldwide. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. . >> rose: we begin this evening with the explosion at a fertilizer plant in west texas which is near waco. here is the explosion which took place last night. at last count five people have died and more than 160 injured. it produced ground motion equivalent to that of a magnitude 2.1 earthquake. the mayor of west said it felt as if nuclear bomb dded. buildings within a five block rad yux-- radius were damaged. the search for survivors is ongoing. investigators are trying to determine the exact cause of an explosion. a small fire is believed to have spread to fertilizer tanks. governor perry held a press conference earlier and here is what he said. >> also spoke to the local officials to make sure they have the supp
. gold also had a positive day. but i believe the plunge in gold is a very good sign for the economy, just as it was in the '80s and '90s. in other words, some optimism. and senator marco rubio unveils the new immigration reform bill today. here's the key point. when we look at the benefits and score them dynamically, immigration reform will be a huge boost to the economy. "the kudlow report" begins right now. >>> first up tonight, president obama will travel to boston thursday for an interfaith service with bombing victims. more than 24 hours after two bombs ripped through marathon crowds killing three, wounding 170 others, investigators are still no closer to answers. late this afternoon, the fbi said no claims of responsibility have been received, and the search for suspects is wide open. deborah boxdy joins us now from boston with all of the latest. good evening, deborah. >> reporter: good evening, larry. i'm live here along boylston street in the heart of boston, about four blocks or so away from the marathon's finish line, where those two bombs exploded just one day ago. securi
to affect business and the economy in the united states and what it all means for your money melissa: straight to our top story tonight, the city of boston, massachusetts, is still reeling following yesterday's horrific bombing near the finish line of the boston marathon. president obama speaking out today on the tragedy, calling the attack, an act of terrorism. now with the latest news out of boston is fox news's craig boswell. >> the bombs detonated at the boston marathon used six liter pressure cookers packed with shards of metal, nail and ball bearings. they were place inside a black duffel bag and set on the ground. >> we had an attack. >> doctors removed sharp objects from lower extremities of victims. >> many have wound mostly in the lower part of their body, wound rated to the place effect of the bomb as well as small metallic fragments. >> the two bombs exploded about 12 seconds apart. the first near the finish line where 8-year-old martin richard was there to cheer on his father. the little boy was killed in the blast. when he ran back to his mother,wo siblings. bill richar
of tumultuous, russia's president is coming under controver controversy. while russia's economy hadn't performed badly last year, falling commodity prices risk pushing the country into recession. these comments come just hours after president putin threatened to fire officials for not following his orders on public spending. geoff cutmore is outside this event. what are you hearing about these concerns and the russian economy overnight? >> reporter: absolutely. fascinating issue. we clearly see some risks emerging in the russian government at this point. and i just want to put that issue to one side for a moment. because i have with me li jiaoung. he is a former chinese minister. i'm fortunate to get the opportunity to talk to him at this event. thanks very much for speaking to me. if i could just start off by asking you, clearly, the world has been focused on the terrorist events in boston and this tragic, very un pleasaplea event. i wonder if you could dwifs a perspective from the chinese point of view here because nobody wants to see terrorism and in particular i think the chinese have an int
or does it matter if an economy will print or grow or whatever? >> the study which said once government debt hits 90% of gdp growth goes off a cliff has been thoroughly discredited and they must kick themselves that they made a mistake on the spreadsheet. people pay attention to the paper which has just come out that shows that this is a pretty sloppy piece of work. the conclusion drawn in terms of the impact of high debt to growth has been basically discredited now. it's fairly clear that governments have a lot more scope to deal with problems. >> was china wrong to pursue this strategy then to help cushion the effect of the global financial crisis and even though people are quite concerned about it including some of the chinese themselves, it sounds like from what you're saying all things considered you don't see a hard landing or crisis as a result. >> as you always say in china, it's too early to tell. i think they have a margin to get things right. if you look at greece, they went into european monetary union and have this lovely window to fix things. a lot of credit with foreign i
agricultural workers to seek nonfarm jobs as economy improved in the 1990s. the special agricultural workers who left farm work were replaced by new arrived unauthorized migrant. by 1997 and 1998 it was estimated that the special agricultural workers were only about 16% of the crop workers. so, mr. connor, aren't we afraid or shouldn't we be afraid giving legal status to people here illegally will repeat the mistakes we made in 1986 putting the ag industry in the same position in the long run. in other words it comes about because of farmers come to us and they need workers. okay. we bring in the workers. then they migrate someplace else and people illegally came in after wards. how do we avoid the mistake we made in 1986? >> senate grassley, your question is a great question. it's -- it goes to the heart of fundamentally of the basis of our negotiation that on o- curing in senator feinstein's office. the blue card program for the current existing trained work force is an important component. equal we don't know with absolute certainty over the next decade or so what is going to be the statu
that it doubles down on a dead end energy policy that's hurting our economy, hurting our environment and our health. burning fossil fuels is a primary cause of climate change, and we simply can't afford to continue down this destructive path. it makes far more sense to focus on developing the clean, renewable energy technologies that we all know we're going to need down the road. developing these technologies will create quality, long-term jobs that can't be shift overseas. it's good for business. it's good for our planet. it's good for our national security. there's no reason why we can't put aside our differences and take action to promote a clean energy future. it's what our constituents sent us here to do. our window of opportunity is rapidly closing. the time to act is now. and i yield back. the speaker pro tempore: the gentlewoman yields back. for what purpose does the gentleman from california seek recognition? >> madam speaker, i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> madam
a majority in congress since 1997. the mexican economy has expanded mexican have maintained growth since 2009. fromdp has increased $7,979 in 2009, to 2146 in 2011. in purchasing above 15,500. on gdp growth, almost four%, a higher rate, and is expected to grow 3.5% in the year. this is measured by j.p. morgan. mexico is also taking care of its people. the brookings institution has highlighted that 60% of mexicans are middle class. by 2030, 80.5% of mexicans will be middle class. housing has increased more in the early 1's. all of these factors that have taken place review the immigration pressures of the past. academic think tanks estimate that net migration between mexico and the united states is close to zero. a recent survey shows only 11% of mexicans say they would leave mexico if given the opportunity. a decline of about half from a 31% 2007. -- in 2007. over the last few years, our common border has increasingly become an area of prosperity. more more dynamic and secure than it has ever been. four in the united states and six in mexico, have a population of 92 minute -- 90 million peopl
say that the last ten years has been very bad for the economy. we've lost a lot of valuable resources and a lot of the momentum that we've had on. before, we had open markets and entrepreneurship and that's what helped china succeed. we have to go back to market forces as well as fight construction. >> so juan nubol there talking about the last decade. he was the guy that tried to buy 300 kilometers of ice and is we'll talk about that a little later, as well. clear now there is a hope for reform. i'm pleased to say kung mingh, the founder of lenovo who bought the business from ibm, he explained to eunice what he wanted from private reform to help private business in the country. >> translator: my view is that the chinese government should adopt a more systemic and comprehensive approach, for example, how to escape a better sense of reform in this country so that the public will have more confidence in ensuring the culture of mutual trust can be established. >> what's interesting is that this group, also becoming more influential in political circles. we'll hear a little later from the
francisco, oakland, seattle, and tacoma combined, upon which a bulk of the u.s. economy relies. we must strengthen recovery in the event of a biological attack, which is still the most worrying threat out there. we need to make sure that the public understands the nature of these threats and how it can help identify and respond to them. above all, it needs to understand how not to respond to them. when bad things happen, it's easy to react out of fear, emotion and anger. let's hope that in boston this week we begin to chart a different course. for more on this, you can read my column in a special edition of "time" magazine on the tragedy in boston. let's get started. >>> joining me now the man who runs the biggest police force in america and one of the country's best intelligence divisions, ray kelly, the commissioner of new york. what do you have to tell us in the aftermath of this? is there a heightened sense of danger? are you seeing threats proliferate? >> no, we haven't seen an increase in threats, but our operating assumption is that we're always at risk. we're a city that obvious
workers is significant in our stagnant economy. the unemployment rate for blacks without a high school diploma was 12 percent, today, it's more than doubled, to 24.6%. now, that clearly shows that we have an oversupply of low skilled labor relative to the -- that is for workers in all such classes, particularly black americans, because research shows that 40 percent of the 18-point percentage decline in the employment rates of black males is attributable to illegal immigration. that's hundreds of thousands of blacks without jobs. it translates to hundreds of thousands who can't pay taxes, who don't support their families on their own dime. the evidence also indicated that in addition to the pressing wage -- sorry, employment levels, illegal immigration drove down wage levels, by the federal reserve bank of atlanta, for example, showed that illegal immigration, and the spike in illegal immigration, was attributable to the nearly $960 per year decrease in wage levels of documented georgians. and the leisure and hospitality industries, it was $1520. for doctors and lawyers, $960 may not b
economy is made up of the things that matter most, including your career. as those things change fidelity can help you jafflet your retirement plan, rethink how you are invested and refocus as your career moves forward. wherever you are today the fidelity i.r.a. has a wagering of choices to fit your personal economy. fidelity investments, turn here. >> bbc world news was captioning sponsored by macneil/lehrer productions >> ifill: the surviving suspect in the boston bombings was charged today with the use of a weapon of mass destruction. good evening, i'm gwen ifill. >> brown: and i'm jeffrey brown. on the "newshour" tonight, we update the investigation, both in the u.s. and abroad, into the two brothers believed to be behind the blasts, as the youngest remains hospitalized in serious, but stable condition. >> ifill: and we explore the legal questions raised by trying dzhokhar tsarnaev in federal court. >> brown: then, ray suarez gets an update on guantanamo bay, where more than half the prisoners are now on a hunger strike, protesting their indefinite detentions. >> ifill: paul solman ha
: seasonally strong time of year for home sales. overall, the u.s. economy is running below its historical trend. this is a study done by the index. my next guest says the economy sluggish growth may be the most ideal condition for investors. joining us is now jack. welcome to you. >> thank you, lori. lori: you see this as a prime opportunity. some new investment dollars could go into the stock market. >> yes, potentially. fair value in the market is probably about 1520. we are slightly ahead of that. we have a lot of favorable factors. one, keep money. we have stocks that look cheap. if we can get confidence, you know, of investors, but also builds confidence picking up, i think you could see treasurers and armature treasurers start to exploit that difference. as long as the fed keeps the backdrop in place, then the market can go higher. we do not want to fall into a double dip type of scenario. on the other hand, we do not want anything too strong to suggest that perhaps the fed will take its foot off the accelerator. lori: if you have new money to invest, what type of stocks would you p
market since the start of this cycle. weakness in oil could portend investors worries that the economies are slowing down not just in china but globally as well. so that will probably put pressure on the market. the other thing too, we're in the earnings season and this might be the quarter that doesn't delight. that is that we do get some dispoints manned -- disappointments and we get stiff reactions to the disappointments. lori: bob, you were cautious yet looking for stocks to show gains for the year. what do you think will get us past these bumps in the road? >> i think the bumps in the road should not be unexpected. the market is up 20% since last june. so it is not unusual to have a five to 7% correction at this stage. following on gene's comments, we are in earnings season. interesting when you look this year, i think that will be stimulus for further correction. expectations are 5% increase over last year for this quarter. 7% for the second quarter. 18% for the third quarter and 28 for the fourth. i think as companies report, analysts will be really focused on what the guidance be
." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> suarez: rescuers worked in wet weather today to find survivors amid the rubble from the fiery explosion at a texas fertilizer plant last night. late today, authorities acknowledged there were fatalities but declined to confirm how many. earlier estimates ranged from five to 15 though there were reports the toll would go much higher. the cause of the fire and explosion is still not known; officials said today there's no evidence of foul play. a man using his cell phone captured the moment last night when the west fertilizer company plant exploded. that flattened buildings withi
worried about china especially about the economy after the lower than expected growth numbers that we saw this week. and he addressed that. he was talking a bit about the concerns about rising debt levels and he played those down. he played down the weaker growth. >> i don't think people should panic about chinese economy will continue to grow at the sustainable level. the government's target could be fulfilled without much difficulty and we aim at the quality of the growth. i don't think achieving 7, 7.5% is a big deal for china. i don't think so. >> the fund invests heavily in resources. i couldn't help myself from asking him specifically about gold. he believes the sudden drop in gold is general instability in the global economy. he hopes it comes back at some point soon. >> thank you very much. we were watching that and that's the perfect segue. we've been watching what's happening and it's important to see what the chinese think about this and no better person than cic chairman. we'll talk about gold and what's been happening not only with gold but also oil prices after yesterday slu
. it is the perfect example of the program benefits for the economy and local community where jobs are scarce and a part of vermont where conventional lending is not an option. we appreciate the inclusion of permanent authorization of this important program. we also very much appreciate inclusion of the reforms to the program, highly important to employers in the seasonal industries. ski resorts in the winter, beach communities and this summer rely on these workers to not -- and not only prove to be excellent employees but bring a cultural experience to states that do not necessarily enjoyed a great deal of diversity. when a trained employee can return for several years in a row, it is a great benefit to all. we thank you for including the sections into the bill. in order to enhance security while adding -- in order to enhance security while also facilitating legitimate travel and trade, we strongly support the addition of but 3500 custom boer patrol officers included in the legislation. in order to ensure that officers are allocated properly, we urge the committee to work with cpb to specify
? >> my instinct tells me that the answer is no, that in economic terms i think the market, the economy at large will move beyond this relatively quickly. but at the same time, there may be some lingering impact in terms of investor sentiment. the sell-off clearly that occurred on friday and then again on monday, in my opinion, was a reassessment of the pace of global growth. important to point out that most of the weakness yesterday was already in the market before the bombings took place. but clearly, there is an impact on investor sentiment, a reminder that it's a dangerous world. and so you may see a little bit less of a risk appetite going forward. in economic terms, i think we'll move beyond it fairly quickly. >> yeah. john, i guess you would ask, at this point, you wouldn't think that consumers would change behavior based on this. it could potentially aveng -- i don't know, whatever group you want to talk about, jonathan, restaurants or any type of tourists activities. nothing to expect at this point, do you think? >> if you said to me are consumers going to be spending time watc
despite the fact that these jobs are among the highest paying and the most stable jobs in our economy today. it is imperative that we encourage more young americans n.i.t. e studies in the fields. in particular because of the stark racial and gender gaps we see in the programs, it is imperative that we encourage more young women and students of color to enter these fields. we simply won't be able to remain a global leader in these mportant fields without more -- with more than 50% of our nation's brainpower sitting on the sidelines. h.r. 967 doesn't go as far as i would like it to go in addressing these challenges but it does show the need to educate more students in n.i.t. fields and provide the necessary authority for the agencies to pay an important and appropriate role here. and finally, i would be remiss not to mention that nitr-d program serves as a coordinating and planning umbrella for all unclassified federal cybersecurity r&d. our committee addressed specific needs in cybersecurity , r&d separately in h.r. 756 but in doing so, we made sure that both the intellectual and fina
go, the economy comes to life. norfolk southern. one line, infinite possibilities. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur ♪ neil: we are live right now, engaging. how things are going in japan. last night at this time the market was clearing those losses as the night ensued. we were coming to you live. seeinghe market averages. most of the march to the upside. our own futures were flat to down. flat to slightly up prior to the news of a u.s. senator reports that he as a letter that tested positive. the letter never reached the senator we might point out. but it was wrote to him, and that is where they stopped it at a postal center in maryland. it does raise those eerie parallels to 9/11. he knows that better than the former new york stock exchange chairman and ceo who joins me right now on the phone. yuri parallels a night. totally
in the economy spook you a little bit? >> you know, there's always those kinds of concerns out there, but let's think back at the whole first quarter. we've been looking for a selloff, and all the pros have been saying a selloff's coming, a selloff's coming. one never came. so monday was different. you could tell the trading monday, it broke through levels it hadn't, you know, previously broke through. this was real selling. and so this is the first opportunity, i believe, to kind of start looking for stocks on sale. i'm not saying jump in, you know, both feet, but, you know, we've been looking for stocks that are on sale, and you're finally getting them this week. and so we'll be using the continued weakness that i think will continue for a few more weeks to be buying stocks. liz: okay. microsoft numbers are out, and as we put up the stock reaction and, again, right now the stock is moving higher in the aftermarket session. we're waiting on the actual details of this, but as you can see, slightly higher in the aftermarket at the appointment as we pick apart the numbers, mac. your thought on
know you're aware that six of the 10 fastest-growing economies in the world are located in sub-saharan africa, and it is my hope to the extent possible that the state department will prioritize trade with the african nation. you should know that we have a bipartisan bicameral effort working in conjunction with chairman smith to quickly put forward a renewal of the africa growth and opportunity act. so i have four questions i would like to ask you. i wanted to know what steps are you taking to focus on africa's extraordinary growth potential? what are your thoughts about the u.s. appointing a special envoy to the drc? does the request for peacekeeping operations accurately reflect the growing needs on the continent? and can you comment on the significance of the 6% cut to usaid hiv/aids funding? >> thank you very much, congresswoman. let me emphasize first of all that we were really pleased that pepfar was able to be held whole. i think that's vital. i have personally visited, i was in durbin, north of durbin, in the mountains watching of the program is being effectively adminis
and a reminder that the government is a net drag on this u.s. economy. >>> check out auto nation. there is no better gainer on the s&p. stock that's already up 17% this year. >> it's remarkable. >> we all know what pent-up demand is for cars. we all know the mileage that's on the average trade-in. >> i like mike jackson. when you contrast europe with the united states, think of auto nation. okay? they can't move a car in europe. they can't move one across the street. >> you're absolutely right. talk about a dichotomy. >> we are not one world. used cars going up, too? the country you can get, wells fargo largest auto loan company. you can get money for a car. it is tougher to get money. richard smith, i have this guy from realogy. a large real estate company. they're holding their value much more than you thought in the united states. >> morgan stanley is down 3%. talked about m and a, lack of activity saying it just reflects the ceo's lack of confidence with regards to earnings power. >> which is what you hear. those who are doing deals, it is interesting, are the likes of -- or
. i know lgt runs some money that's invested into the russian economy. tell us a little bit about the character of this market and whether you can put cash to work here and feel comfortable that you are going to get a return. >> yep. we are invested in the russian market. but it's true, we have a lower allocation to it. the 11% toe 2% sounds quite low. it is a difficult way to access the markets. we see fundamentally from the point of view a strong currency. you look at low valuation, you look at the current surplus, you look at growing middle income class, which wants to consume, so key market indicators are actually strong. the challenge is much more the investment type. so we look at a narrow market, the way you invest is mainly into oil and energy companies. which most of them are state owned to the majority, so we end up being minority investors. what that means is it's still difficult for to us play to the russian growth topic investmentwise. what we can do is we can look at valuation, we can look at it from an optimal point of view. we can see if there is opportunities whic
. that will be the biggest day for me because they're the big indicators of how the global economy is doing overall. speaking of the global economy, caterpillar if this was clearly a disappointment and the guidance was disappointment and they telegraphed it a little and the stock's been up and the dow this morning and the two things here, number one, he's coming on and talking about stability and that's the key word on our air on cnbc and a lot of people have noted the drop in mining. mining was down 25%. sales in the mining division, second most important was down 25%. i think a lot of people have got that already set up. remember, this is heavily shorted stock and it was $100 two months ago and it's $80 today and a lot of people anticipated what's going on. let me mention apple very quickly. the hope here is for a special dividend, increase the dividend to over a 3% yield and start with the big buyback. that's the big hope there. nobody's expecting them to blow the cover off of any of these numbers and all of them have been coming down. >> guys, back to you. >> watching microsoft continue to gain now up 4.
the economy was already reeling into a recession at that time. and, of course, the economy presumably is coming out with one this time. earnings at that time were torpedoing. earnings right now on the upside so there are a lot of fundamental differences that still the fundamentals are very, very different. we have to watch ourselves. there will be plenty of time to do finger pointing. when you find a politician on either side doing finger pointing at this point i suggest you raise a certain figure at that politician. let's focus on getting these good folks barry, including that 8-year-old boy. sequestration did not kill that little fellow. you know what did? awful people. more after this. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. becausenly national lets you choose any car in t aisle. and go. you can even take a full-size or above. and stilpay the misize price. i could get used to this. [ male announcer ] es, you could business pro. yes, you could. go national. go like a pro. yes,
on "starting point." ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. i work for 47 different companies. well, technically i work for one. that company, the united states postal service® works for thousands of home businesses. because at usps.com® you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small. >>> welcome back to "starting point," "minding your business" this morning. stock futures pointing to higher open. it would be a rebound from big losses last week. dow up and opens for real in two hours. $333 million. that's one estimate of how much it cost to shut down boston for the die. the area produces $325 billion worth of goods and services every year. that's a little less than a billion dollars a day. the ninth largest gdp in the country and friday everything stopped. businesses, public transit, colleges, shopping centers shut. now many people were at home. but others could
. indeed, our affordable universal service is crucial to the american economy and to american businesses that generate 95% of all mail. my written testimony offers a comprehensive set of options to restore the postal service to solvency. this morning i will cover, this afternoon i will cover the issues you specifically asked me to address in your invitation. on cost savings, the nalc and the other postal unions have contributed billions in savings through collective bargaining. that process concluded for just 12 weeks ago. the new nalc contract emerged from interest arbitration that focused on the financial condition of the postal service that led to award if you want to provide postal service with huge savings in the years to come. as we did during the great recession when we worked tirelessly with management to adjust routes to respond to mail voe' done, more must be done and congresseeds to do its part as well. i will highlight two cost reforms from the written testimony. first congress should repeal or dramatically reduce the retiree health prefunding mandate that caused over 80% of
economy have suddenly acquired this enormous interest in what we thought fifty years ago was -- [inaudible] there are many reasons. one is the arctic sea ice. we will see in the near future, i emphasize the near future, opening up both new shipping routes. linking asia to america and europe in the same way as the suez canal did in its time. one of the reasons why the leadership of china has shown interest in the arctic, they are already planning for a world where china will be the preimminent trading country in the world. and if they send their ships through the northern routes to europe and asia, the distance will be short end by more than 40%. china is already building ships for this purpose. they are already formulating plans indicating the number of vessels that will, in this decade, sail through this route. singapore has already gotten -- [inaudible] with the primary mission of finding a location for a big singapore hopper somewhere until the arctic region. so like the suez canal, indicated are trading transformation of the 20th century. the opening of the northern sea route will indi
enough to sell into somebody's lower income economies. they're never going to be the lowest price people, that's not in their d.n.a. but they may have to do something a little bit less expensive. >> rose: back to the point that i think technology is so interesting today. one as i just said is underdeveloped countries and it gives them the opportunity to leap ahead and do things. two is education. >> absolutely. >> rose: it's what the possibilities are. how you can educate. where you can get degrees and you can sit in india and take courses at harvard. >> right. >> yes. >> there's a lock going on. the university that larry summers is involved in. it was a whole university. >> and three which you just mentioned is health care. the possibilities of being able to understand and diagnose and tting accesso infmati. >> there's diabetes apps, heart apps. >> three there's a thing you can put on there which is a glucose meter like kara was saying which of course, die s diabetics have to measure their glucose now instead of being having a glucose meter. it's not just a computer, it can transmit it
: in a rapidly growing economy, daughters have become an increasing financial liability for their families says this sociologist. >> that don't want to pay dowries, they want to receive dowries. they want to give more education to the boys than to the girls because for them the boys are still more important. >> reporter: and the census shows indians are acting on that bias. for every 1,000 male infants born, there are just 914 females. in some regions, far fewer. in nature, those numbers are about equal. >> the gap began to wideen in the '90s with new ultrasound machines that made it easy to learn the fetus' sex. the scan led to the termination of millions of female pregnancies. in delhi, the center for social research has organized women into neighborhood groups trying to shift the ingrained gender bias, even invoking hinduism's goddess of prosperity. >> ( translated ): we must begin to welcome girl babies into our homes, like the goddess lack shi has come into our home. lack smi. >> reporter: they're also aware of the law that's become known by its english acronym. that's the pre-conception a
discussion we dp, i understd how important refming our immigration system is to our economy and our national security. i cannot support immigration reform if we cannot be satisfied we have secured the border. getting that chicks were we can talk about how we are doing -- getting the metrics were we can talk how we are doing will be critical to getting my support and others. we look forward to working with you to come up with a definitive metrics. chairman of the transportation of security and subcommittee, i'm interested in the tsa budget. i will direct my questions in that direction. it seems logical as we are moving toward risk-based security with the tsa. the thing i have always supported. i support that. it seems to me we have moved theres security and should be significant costs saving for the taxpayer as he do risk-based screening and focus more on threat that ought to free up resources. we can look at the high-tech baggage screening. we would need a lesson screeners for baggage. software upgrades. the gun, we should be able to resource -- redo some of the workforce there. -- again, we
know you are aware six of the 10 fastest growing economies in the world are located in sub- saharan africa, and it is my hope to the extent possible that the state department will prioritize trade with the african nations. you should know that we have a bipartisan, bicameral effort working in conjunction with chairman smith to quickly put forward a renewal of the africa growth and opportunity act. so i have four questions i'd like to ask you. i wanted to know what steps are you taking to focus on africa's extraordinary growth potential? what are your thoughts about the u.s. appointing a special envoy to the d.r.c.? does the request for peacekeeping operations accurately reflect the growing needs on the continent? and can you comment on the significance of the 6% cuts to usaid hiv-aids funding. >> let me emphasize first of all that we are really pleased that pepfar was able to be held whole. i think that's vital. i have personally visited, i was in durbin, north of durbin in the mountains watching how that program is being effectively administered and the difference it has made. we a
ago showing that the economy is slowing to 7.7% gdp. the u.s. dollar fell after the weaker than expected pmi reading came out. the nikkei fell by 1/3% but this is from profit taking. the yen strengthened today as the dollar fell and one japanese stock we are tracking are the maker of the dreamliner battery it was down 3/4% by the close. we will be watching the move of the took now that boeing says that the repairs are being made on the battery. the index that went against the grain is the share market in sydney which is up 1%. normally sydney would have reacted to the china data but a dividend announcement drove the share market higher today. >> appreciate it. thank you. >>> the english football association is charging liverpool striker luis suarez with violent conduct. >> despite the indicate liverpool is not sacking scar was but he is facing a suspension. >> suarez has apologized for what he has called his inexcusable behavior. is money well spent. angie's list -- reviews you can trust. u >>> welcome back, everyone, federal investigators have officially returned boston's bombi
volatility until there are strong signs that the economy is strengthening. the commerce department said home builders passed the 1,000 mark. the biggest increase was in apartment construction. home building is expected to continue this year. >>> american airlines is recovering after their system went down and they had to cancel all it flights. the cause of that problem was not immediately clear. >>> some boston marathon runners return to the bay area today including an 80-year-old former mayor of santa cruz. they say they are stunned of how quickly the celebration turned to carnage. jana katsuyama shares some of their stories tonight. >> reporter: after all the worry, now the wait. at sfo today family and friends search for familiar faces returning from boston. ashley french ran the marathon last year and had a friend there last year when the bomb exploded. relieved today that that friend finally came home. passengers said heightened security was visible. >> i did notice police with their guns like ready. which you don't normally see. >> reporter: police had extra patrols at sfo and nationwi
said investors should expect more volatility until there are strong signs that the economy is strengthening. the commerce department said home builders passed the 1,000 mark. the biggest increase was in apartment construction. home building is expected to continue this year. >>> american airlines is recovering after their system went down and they had to cancel all it flights. the cause of that problem was not immediately clear. >>> some boston marathon runners return to the bay area today including an 80-year-old former mayor of santa cruz. they say they are stunned of how quickly the celebration turned to carnage. jana katsuyama shares some of their stories tonight. >> reporter: after all the worry, now the wait. at sfo today family and friends search for familiar faces returning from boston. ashley french ran the marathon last year and had a friend there last year when the bomb exploded. relieved today that that friend finally came home. passengers said heightened security was visible. >> i did notice police with their guns like ready. which you don't normally see. >> re
're saying it does not matter what the size of the economy is, whether we be small or large we all have a moral responsibility to the next generation to do as much as we can. that's why they're moving forward. >> michael: let's take it to the united states. from your international perspective and. >> i wouldn't call it inaction. i would call it inefficient action. i'm congratulating california for having moved forward with a cap and trade program inaugurated this year. california has already moved to pricing carbon, and toward all the different element steps on the way to reduce emissions to meet their own state level target. that is very commendable that california as a state is seeking the leadership role here in the united states. and the federal level, the federal government has regulated a little bit better the standards and what the standards have to be for any new power plants. having said that i think it is no secret that the world as a whole expects the united states to be a true leader on this, and the united states is not yet a true leader. i have heard president obama's many
of a drag on the economy registering in financial markets. >> i agree. what i think is interesting. the result that the market exhibited. days on end. emotionally. an underlying message. today despite some real big names getting hammered, so far i would have to say it's probably remarkable. connell: you remain very optimistic. >> i do remain very optimistic. i am more concerned about europe and i am america. slowing down. i called through earnings reports, and the main problem continues to be europe. ibm. make no mistake, we are on thin ice. we certainly cannot make -- have any more hiccups in this economy connell: let's talk a little bit. thanks for checking in. we lost the satellite shot, so we continue the live press briefing, what you're seeing an the other side of your screen is set to get under way at any moment. once it starts it will include the police commissioner. we will bring it to you live to see if they have any new developments from watertown. you mentioned being impressed by the market's. other times we would be focused much more. talking about an all-day. once we g
western economies are not looking good at all and many of them are in contraction. so it's a bit of a mixed picture. we're not that certain. investors have money to allocate to right now go for gold and silver first before looking at other commodities, except, perhaps, natural gas equities and they're extremely trading, many of them trading well below book values. that's another dpesed opportunity. >> always good to have you on. martin hennecke, associate director at type. >>> shares of softbank after someone made a competing bid for sprint. but softbank remains determined says it is still the best on the table. fashuiko has the story for us from tokyo. >> hi, ross. dish may be giving them a run for their hone, but softbank is still confident of its $20 billion bid for strength. softbank said its choice to invest in sprint is superior to the offer made by dish. it expects to close the deal on july 1st with its original plan. softbank's $20 billion deal to acquire 70% of sprint reached agreement by the two companies in october and is now under review by the u.s. federal communicat
. ♪ the trucks are going farther. the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. >>> as i was traveling today coming through the airport, a lady said to me, reverend al, what to i say to my grandchildren about how heinous some group could be? i said to her say to them how loving, how caring, how heroic of this world, of people who ran the race didn't turn around for shelter when they heard the bomb. they ran in danger's way to stand up for other citizens. say to them how people ran into the smoke, not knowing if another bomb would go off. how people interrupted their own lives and safety to try and shield others. what makes this country grea
private initiative to the economy, and reagan realized that. you don't find out about this at the reagan library but reagan met with gorbachev at reykjavik, famously, and the two almost agreed to nuclear disarmament. the reaganites in the defense department were horrified by this and put a stop to it but reagan didn't go all the way with reaganism when he had a chance to end the cold war, especially the nuclear threats. so it's a hard-core republican belief. if you remember the pup pup prime -- republican primaries of 2012, it was not that long ago there were eight or ten republican candidates in simi valley for a debate at the reagan library and every one of them said reagan set the example how maring be strong, reagan did with the soviet union and we should do it today in iran, we should do it -- we were right toy trite in iraq. america should use its power to achieve its spend destroy its enemies. i worked in the cold war and in the middle east. you have 29% of the american people agree with that today. >> richard, do you want to say something? you're leaning forward. >> no. >> okay.
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